SQ Long after trend line break by breakaway Gap
Condition:
1. Downtrend line was broken by breakaway Gap (G1). Start a new trend.
2. 10/20/2017 Weekly demand zone confirmed
3. G2: runaway Gap shows 40-50% of the trend.
4. Fib 0.618 retracement,
5. trend line break by breakaway Gap (G3).
Entry at Gap up open 47
Stop: 45
Target1: 55; risk/reward=1:4
Target2: 61; risk/reward=1:7
Target3: 77. This supply zone matches the 100% of a trend, where G2 is 40% of a trend.
This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
In my real trade, I bought Sep C65, limit 2.3;
Stop: 45
1. Downtrend line was broken by breakaway Gap (G1). Start a new trend.
2. 10/20/2017 Weekly demand zone confirmed
3. G2: runaway Gap shows 40-50% of the trend.
4. Fib 0.618 retracement,
5. trend line break by breakaway Gap (G3).
Entry at Gap up open 47
Stop: 45
Target1: 55; risk/reward=1:4
Target2: 61; risk/reward=1:7
Target3: 77. This supply zone matches the 100% of a trend, where G2 is 40% of a trend.
This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
In my real trade, I bought Sep C65, limit 2.3;
Stop: 45
Dagangan aktif
In my real trade, I bought Sep C65, limit 2.3;Stop: 45
Dagangan ditutup secara manual
Sold C70 Limit 2.1. Overall, cost $0.2 hold a $5 range (C65/70).
This is a winner.
Dagangan ditutup: sasaran tercapai
T3 reached. Which shows how the runaway Gap worked perfect.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.